Explain with reasons: Currently the structure of sports economy has been significantly affected.

Reason: globalisation and television have made sports watched all over the world.

• In the 20th–21st centuries the field of sports was influenced by globalisation.
• International matches of cricket, football, lawn tennis, etc. can be watched on television in any corner of the world, even in countries that are not playing.
• Fans spread all over the world watch the matches for entertainment.
• Industrial and commercial companies use these matches as an opportunity to advertise their products, so huge money flows through sponsorship, advertisements and broadcasting rights.
• Retired sportspersons also get opportunities as commentators.

Hence the structure of the sports economy has been significantly affected.